Nancy Pelosi’s portfolio returned 816% over the past decade, beating by massive percentages both the S&P 500 and Warren Buffett.
As good as Pelosi is, in 2024, she only ranked 10th among her Congressional colleagues despite beating the index 70% to 25%.
Pelosi’s well-timed trades, including sales before regulatory actions, have drawn scrutiny despite denials of using insider information.
Warren Buffett may be considered the greatest investor of our time, but even he can’t touch the prowess of California congresswoman Nancy Pelosi (D-CA). As my colleague Omor Ibne Ehsan recently detailed, over the past decade, Pelosi has generated a cumulative return of 816% from her investments, beating the S&P 500 by a whopping 559 percentage points.
In contrast, the poor Oracle of Omaha has only managed a 282% cumulative return for Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) during that same period — better than the benchmark index, but it’s no contest: Buffett is no Pelosi.
This past summer, though, The Washington Times explored the prescient knack Pelosi has for timing her trades. It detailed how her portfolio — ostensibly managed by her husband Paul Pelosi — sold 5,000 shares of Microsoft (NASDAQ:MSFT) last year just before the Federal Trade Commission launched an antitrust investigation into the tech giant. Pelosi also sold 2,000 shares of Visa (NYSE:V) prior to the Justice Dept. suing the payments processor.
Martha Stewart was jailed for over a year for insider trading. Pelosi is a well-known inside trader but there has never been an arrest. Why isn’t she in jail?
h/t thetrickybigguy
